Economy

Kazakhstan Stock Exchange introduces new currency after 12 years

Since April 6, 2026, the official KZT/AED exchange rate has been set on KASE / Photo: Shutterstock, photo editor: Adelina Mamedova

On April 6, the Kazakhstan Stock Exchange (KASE) launched trading in the currency pairs involving the Arab dirham, the exchange said in a statement.

In particular, since April 6, 2026, the official KZT/AED exchange rate has been set on KASE. However, market participants can trade both the AED/KZT pair and the USD/AED pair.

Trading is conducted with different settlement terms: same-day settlement (T+0, TOD); settlement on the next business day (T+1, TOM); and settlement two business days after the trade (T+2, SPT).

KASE expects the launch of the new instruments to boost liquidity in the currency market, expand market participants’ options, and enhance currency risk management.

Notably, the last currency pair introduced on KASE before AED/KZT was CNY/KZT – Chinese yuan/tenge. Trading for this pair began in September 2014.